How to Buy EOS (EOS) in South Africa

A Step-by-Step-Guide on how to buy EOS (EOS) in South Africa

Step 1 – Join Kraken

In the beginning you'll need to buy one of the major currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click the button below to register and to get your welcome ETH (Ethereum) or BTC (Bitcoin).

Step 2 – Send Your Ethereum or Bitcoin to an Cryptocurrency Exchange

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. EOS (EOS) is obtainable on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this manual)

Make sure you've chosen the exact coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. If you are using a decentralized exchange, like Airswap or DDEX could be divergent (Follow these easy steps).

Step 3 – Find (EOS) EOS

As soon as your deposit has been affirmed, you'll immediately have access to your funds and you can start buying and trading. To purchase EOS (EOS) on Binance, you will want to go to the tab which is called “Exchange” and mouse click on “Basic”.

In order to spot EOS (EOS), you'll need to insert the short name of the asset (EOS) into the search-box, which is marked in the graphic. Make sure you have choosen the correct grouping, we have marked this too. Click on “EOS/BTC” to proceed.

Step 4 – Buying (EOS) EOS

Once you've spotted EOS (EOS), you'll be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). For now we're creating our Limit Order.

The field with the “Price” tag will be automatically filled with the latest valuation (EOS) EOS was traded for. You can change this to your desired price. The field with the “Amount” tag is the amount of EOS you wish to purchase. The “Total” field is the aggregated price in Bitcoin that you will pay for the complete amount of EOS.

If you're glad, make a mouse click on “Buy EOS”. Your plan will be filled as soon as a Vender sells their EOS for the price you introduced.

Step 5 – Withdraw EOS (EOS)

Unless you are frequently trading, best advise is not to keep your crypto on an Exchange for an extensive period of time. In order to withdraw your (EOS) EOS, go to the tab called “Funds” and mouse click on “Withdraw”. (EOS) EOS can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate EOS (EOS) by using the given drop-down box. Put into the volumen of EOS (EOS) you'd like to take off. Don't forget the presented minimus/fees. Also make sure you have filled your precise withdraw address.

If you're happy, click “Submit”. You could be asked for phone/email verification before a take off.

Congratulations! You have successfully purchased and safed EOS (EOS) in South Africa.

That's it!

Withdrawals from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (rely on network usage). Once you've proved your withdrawal using Ethplorer.io or Etherscan.io and the (EOS) EOS is safe within your wallet, you are finished.
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